QUOTE(pinksapphire @ Feb 26 2021, 04:02 PM)
So many replies to my post, thanks, everyone.
I reply to this first. Wanted to tell you I've cut loss, yes, but only a portion of my holdings. So, it's not futile, lol
I ventured into stocks as an investor as a start. Bought those with good fundamentals, like gloves...then it came to this, no faults of anyone, but gloves went down so much that even when I have the heart to stay true as an investor, let me ask the other way round...will you cut loss for now if you see them go 20-40% loss? Or...can stomach to close eyes and don't check the stocks until years later

Having said the above, experiences change people...so for now, although wanna stay as investor...maybe Bursa is not the place presently until I gain back some confidence, hehe
I don't know what price you entered. Maybe the price that you entered is not what an investor will buy.
When people talk about don't fight against the chart trend or cut loss, I immediately know they are not investing in that particular stock.
Investor foresee the future. What is the direction of the business that they buying. Any potential in the future. How does the macroeconomic will affect the business.
Investor don't care when is the bottom. They just have a fair value and from there they start to buy when the price drop beyond fair value + margin of safety. The more the price drop after they buy, the happier they are because they can buy even more at cheaper price.
For value investor, they want cash flow. They are not selling for capital gain. I give an example, if one bought TG at pre-covid price and sell at the peak during 2020, he/she is not investor. In Bursa, it's harder to do because we can't play option to reduce the time needed for INFINITE RETURN. I hope people here know the power of INFINITE RETURN. This is the RECIPE for FINANCIAL FREEDOM.
For growth investor, they want capital gain. But that doesn't mean they buy high to sell higher. They still practice fair value + margin of safety, but they taking more risk on smaller companies with huge potential.
For trader, they are the boss. They buy trending product and trying to sell at higher price. They measure market sentiment to take action to earn capital gain. They don't care what is inside the product as long as the market crazy for it. For example, if you are the boss of a handphone shop, you never use iPhone before, but iPhone currently is hot in demand. Will you buy the iPhone to sell to make profit or you won't just because you don't know what is the content inside the iPhone?
And for trader, there have many types of traders, depending on their time horizon of holding onto the stock.
So ask yourself and be clear everytime before you buy a stock, what you want to do with it?
my 2 cents.